XOP News and Press, SPDR S&P Oil & Gas Explor & Product From 08/22/22

Investors are following Buffett into Occidental Petroleum stock. Other oil and gas companies trade at more compelling valuations. Buffett's history with a similar company indicates better opportunities may lie elsewhere. Warren Buffett's Berkshire Hathaway ( BRK.A ) ...

"What's Working" is Dominated by Energy this Week, while "What's Not Working" is led by Crypto. We Profile a Stock from our "Bounce Back" List: Alteryx. Retail Earnings were "Better-Than-Feared." Brian Dress, CFA -- Director of Research, Investment Advisor As...

Rising crude oil prices propelled the energy sector ( NYSEARCA: XLE ) to the top of the S&P sector leaderboard on Thursday, as front-month WTI September crude ( CL1:COM ) reclaimed the $90/bbl level, closing +2.4% to $90.07/bbl. U.S. natural gas prices ( NG1:CO...

April Non-OPEC production decreased by 1,294 kb/d to 48,925 kb/d. Of the 1,294 kb/d decrease, the biggest decreases came from Russia, 965 kb/d, Kazakhstan, 175 kb/d, Canada, 95 kb/d and Norway, 78 kb/d. Mexico’s production as reported by the EIA for April dropped by 18 kb/d to ...

In a setback for big oil companies such as Exxon Mobil ( NYSE: XOM ), Chevron ( NYSE: CVX ) and Shell ( SHEL ), the 3rd U.S. Circuit Court of Appeals ruled on Wednesday that lawsuits brought by Delaware and Hoboken, N.J., seeking compensation for the impacts of clima...

President Biden won temporary permission to again pause energy leasing on federal lands and waters , after the 5th U.S. Circuit Court of Appeals on Wednesday found a district court's order against the moratorium too vague to review. The circuit court rejected the previous injunc...

The energy sector led during the month of July, providing almost all of the positive performance due to a strong rally in natural gas prices. The heat wave from late June into early July in the lower Midwest U.S. killed cattle, quickly reducing supply. However, both cattle and hogs ra...

Long-term investors need to have a strategy they can stick with no matter what happens, a strategy that keeps them on an even keel. Investing is hard and determining your risk tolerance is far from an exact science. There are a lot of people these days who seem to want the market ...

Appaloosa, founded by billionaire investor David Tepper, has taken new positions in Salesforce ( NYSE: CRM ), buying 200K shares, Alibaba ( BABA ), acquiring 100K shares, and Netflix ( NFLX ) with 50K shares during Q2, it disclosed in a 13F filing Monday. It al...

Africa Oil Corp. has announced an interest in repurchasing 10% of its float across 12-months, the maximum allowed. The company has a net cash position, even accounting for Africa Oil Corp.'s Prime Oil and Gas debt. A final investment decision is expected to come this year for the ...